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Search resuls for: "Brian Kaiser"


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Cyclical industries such as manufacturing often drive profit cycles. That makes a comedown for the U.S. economy seem less likely. The Commerce Department on Wednesday reported that before-tax corporate profits rose 1.1% from a year earlier in the third quarter. This compares with a decline of 6% in the second quarter. Exclude the Fed, and corporate profits rose by 6.7% in the third quarter compared with a gain of 1.6% in the second.
Persons: Brian Kaiser Organizations: Bloomberg, Commerce Department, Federal Locations: U.S
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Persons: Dow Jones
When Jessica Albright returned with her family to their home in East Palestine, Ohio, last month after four months away, she opened the car door and took a deep breath — then stopped and thought: Maybe not too deep. Hauling suitcases up the steps, she tried to discern whether the acrid scent in the air had lessened. The mother of three could not be certain — of the smell, of its effects or of the correct next steps for her family. Now, they were back, not because their health issues had resolved, or because the house had been proven free of contaminants. They were back because they had $41 left in their savings account and felt they had no other choice.
Persons: Jessica Albright, Albright, Chris Organizations: Environmental Protection Agency, ” Schools Locations: East Palestine , Ohio, Pennsylvania, East Palestine, Ohio
Georgetown University in Washington, D.C. Not everyone with debt would have been covered under the Biden administration’s student loan forgiveness plan. The Supreme Court has barred the Biden administration from carrying out its plan to extinguish up to $20,000 in federal student loan debt, and millions of borrowers will continue to struggle under the weight of their loans. Ms. Schmidt owes $64,000 in student debt, more than half of which is for her graduate work in nursing. But she’s already contemplating how she’ll finance her dream of becoming a civil rights lawyer, which typically requires an additional six figures in student debt. Yet her mother is still paying down student debt of her own.
Persons: Biden, Gina McDavitt, weren’t, Pell, , , McDavitt, ” Ms, Ms, Monica Schmidt, Schmidt, Kevin Serna, Dorien Rogers, Rogers, Asha Anthony, she’s, , Anthony, Mr, don’t, Joanna Leiserson, Brian Kaiser, “ I’m, Leiserson Organizations: Georgetown University, Biden, College of San, San Francisco State University, The New York Times, University of Phoenix, Northern Illinois University, Public, Schaun, Tax, Howard University, Salisbury University, The New York, Republicans Locations: Washington ,, College of San Mateo, Bay, Vallejo , Calif, Genoa, Ill, Germantown, Md, Credit, Montgomery County, Mesa, Maryland, Spokane, , forbearance
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